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Home / News / Business News / GST unlikely to affect festive season offers and sales
Business

GST unlikely to affect festive season offers and sales

GST unlikely to affect festive season offers and sales
Written by Shiladitya Ray
Sep 24, 2017, 02:11 pm 2 min read
GST unlikely to affect festive season offers and sales

According to the senior VP-Categories of ShopClues, Nitin Kochhar, GST is unlikely to have any impact on the various sales and offers being given on different e-commerce platforms, including ShopClues, to mark the festive season. Kochhar is of the opinion that the negative impact of GST on sales was only limited to July, and sales figures went back to normal by early September.

Quote
Sales normalized by September

"Immediately post the rollouts of GST on July 1, it settled down by August and the sales went back to normal by the beginning of September," said Nitin Kochhar to ANI in an interview.

ShopClues
ShopClues turns its attention to Fashion & Lifestyle segment

Owing to customer preferences during the festive season, Kochhar revealed that ShopClues was focusing more on the Fashion & Lifestyle segment during the festive season sale period. He explained that ShopClues' portfolio had been ramped up with the launch of exclusive labels, allowing for better margins. Aiding sales would be ShopClues' Surety programme, which grades product quality based on a five-point quality check.

Quote
ShopClues makes product exploration easier

"The platform has made major developments in terms of improving discovery, recommendations, personalisation, and search. The selection has also been majorly ramped up, across categories, so our consumers can find a large variety of products at the best prices," added Kochhar.

Customer experience
ShopClues is also focusing on customers' experiences

Radhika Aggarwal, ShopClues' co-founder and CBO, said that the e-commerce platform was also focusing on streamlining customer experience. Technical innovations apart, the e-commerce platform had also revamped its associations with multifarious top banks, e-wallets, and other associated portals to ensure that its customers get a seamless and delightful shopping experience during this year's festive seasons.

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Shiladitya Ray
Shiladitya Ray
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Budding social scientist with a keen interest in social studies of science and the sociology of knowledge. Cinephile. Liverpudlian. Metalhead.
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